What Is a Non-Permanent Resident?

A non-permanent resident is a person living in the United States with a social security number but not a green card. Typically living in the United States for employment reasons, non-permanent residents can live here for years and want to buy their own homes and build equity.

How can a Non-Permanent Resident qualify for a loan?

It is a pretty straightforward process as we just need to prove the applicant’s eligibility status:

Borrowers are still eligible if their Green Card has expired.

Borrowers must present their I-485 (Application to Register Permanent Residence) and their I-797 (Notice of Action) as proof that they have applied for visa renewal.

The I-797 form cannot say that the borrower’s application for visa renewal has been denied.

The I-797 form alone is not sufficient for loan eligibility. The borrower must also present their I-485 to prove their legal status in the United States.

The following visa types are eligible: E1-3, G1-5, H-1, H-1B, L-1, TC and TN-1.

If the borrower’s visa is sponsored by their employer, the borrower must present written confirmation that their employer is planning to renew it.

Borrowers must present a valid social security number. A tax ID number is not an acceptable substitute.

Borrowers with diplomatic immunity are not eligible for the program.

DACA borrowers are eligible for a mortgage if they meet all requirements outlined above.